Bermuda (BMU) and Grenada (GRD) Trade | The Observatory of Economic Complexity

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Bermuda-Grenada Trade: In 2022, Bermuda exported $1.42k to Grenada. The main products that Bermuda exported to Grenada were Broadcasting Equipment ($1.31k) and Integrated Circuits ($108). Over the past 12 years the exports of Bermuda to Grenada have increased at an annualized rate of 12.1%, from $362 in 2010 to $1.42k in 2022.

In 2022, Bermuda did not export any services to Grenada.

Grenada-Bermuda Trade: In 2022, Grenada exported $126 to Bermuda. The main products that Grenada exported to Bermuda were Spices ($126). Over the past 12 years the exports of Grenada to Bermuda have increased at an annualized rate of 99.4%, from $4 in 2010 to $126 in 2022.

In 2022, Grenada did not export any services to Bermuda.

Comparison In 2022, Bermuda ranked 199 in total exports ($68.1M). That same year, Grenada ranked 206 in total exports ($31.9M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bermuda exported $1.42k to Grenada. The main products exported from Bermuda to Grenada were Broadcasting Equipment ($1.31k) and Integrated Circuits ($108). During the last 12 years the exports of Bermuda to Grenada have increased at an annualized rate of 12.1%, from $362 in 2010 to $1.42k in 2022.

In 2017, Grenada exported $126 to Bermuda. The main products exported from Grenada to Bermuda were Spices ($126). During the last 5 years the exports of Grenada to Bermuda have increased at an annualized rate of 99.4%, from $4 in 2022 to $126 in 2017.

Exports from Bermuda () to Grenada () (2022)

Exports from Grenada () to Bermuda () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bermuda
Top DestinationZambia$17.5M

Grenada
Top DestinationUnited States$10.5M

This map shows whether countries import more from Bermuda or Grenada. Each country is colored based on the difference in imports they receive from Bermuda and Grenada or the difference in the growth in imports.

In 2022, countries that imported more from Bermuda than Grenada included Zambia ($17.5M), Angola ($7.13M), and France ($6.99M).

In 2022, countries that imported more from Grenada than Bermuda included Antigua and Barbuda ($3.14M), Saint Vincent and the Grenadines ($1.22M), and India ($1.25M).

Difference in imports from Grenada () and Bermuda () (2022)

Comparative Advantage Bermuda - Grenada

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Bermuda and Grenada by product, considering products traded by both, Bermuda and Grenada.

During 2022, Bermuda had a large net trade with Grenada in the exports of Machines ($1.42k).

During 2017, Grenada had a large net trade with Bermuda in the exports of Vegetable Products ($126).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Bermuda and Grenada. This means that a dot/product with the flag of Bermuda indicates it has a comparative advantage over Grenada. Similarly, a dot/product with the flag of Grenada indicates it has a comparative advantage over Bermuda.

About

Historical Data

Bilateral Trade by Products

Exports from Bermuda () to Grenada () (2022)

Exports from Grenada () to Bermuda () (2022)

Market Competitiveness

Difference in imports from Grenada () and Bermuda () (2022)

Comparative Advantage Bermuda - Grenada

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bermuda () and Grenada () (2022)

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